Calculation of Payments - Payment amount is subject to approval
This is to help estimate the minimum amount of the monthly payments
STEP 1 - Take the total of amount due (plus penalty and interest charges) and divide it by 6 months.
STEP 2 - If step 1 is less than $25, use $25 as the payment amount; otherwise round up to the nearest whole dollar.
STEP 3 - If step 1 is more than you are able to pay monthly, call the tax department to explain the situation.
Rules of Payment Plans
The following are rules that the City of Englewood uses for payment plans
All payment plans must have direct pay - automatic payments from checking or savings accounts.
Each tax account with the City of Englewood can only have one payment plan at a time.
The minimum payment for payment plans is $25.
Payment plans are to be paid off within 6 months.
All payments are due the 25th of each month.
A default on a payment plans will result in the closing of the payment plan.
Payment plans have a 7% annual interest rate.
The City of Englewood reserves the right to close a payment plan if the account is not in compliance in other areas of the tax department such as failure to file taxes.